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TVA Board Meeting - FY24 Financial plan and budget- Reso-Memo

Fuel and Purchased Power Executive Summary

Contracting Plan FY24 Energy Total Energy 169,228 GWh

FY24 fuel and purchased power portfolio requires $4.0 billion with expected 169,228 GWh of energy • Utility-scale solar continues to integrate into TVA's portfolio as additional Green Invest power purchase agreements come online • Purchased Power becomes a larger part of TVA's portfolio in the short- and mid-term to fill capacity gaps • Volatility in commodity prices is leading to an increase of switching between coal and gas generation

54% carbon-free generation

TVA Restricted Information - Deliberative and Pre-Decisional Privileged

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